Today we will be talking about the top 5 largest companies on the globe by market cap, net income and estimate revenue for the year 2020 these data are globally official verified by companies like Forbes, investopedia, boomerang, cnbc etc.
5. APPLE INC (AAPL) USA
Apple inc designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices just to mention a few.
The company is famous for it unique brands such as iPhone line of smartphones and Mac line of computers and other AI related technologies. standing at numbers 5 with an estimate revenue of $273.9 Billion, net income of $ 58.4 Billion and a market cap of $ 2.1 Trillion.
4. PETRO_CHINA CO.LTD. CHINA
PetroChina is engaged in oil exploration, development, production, and sales, It also manufactures petrochemical products. PetroChina is the exchange-listed branch of the Chinese state-owned China National Petroleum Corporation.
With an estimate revenue of $ 320.0 Billion, a net income of $ 1.8 Billion and a market cap of $ 59.2 Billion it is the 4th largest in the world.
3. AMAZON INC (AMZN) USA
Amazon is the world’s largest online retailer by market cap. The company began as an online bookseller and has since grown to encompass virtually every category of retail. Besides selling products through its ecommerce platform, Amazon owns subsidiaries including Whole Foods Market and home security company Ring. Amazon’s fastest-growing areas of business are cloud computing services, subscription products like Amazon Prime, and streaming movies and other entertainment. With an estimate revenue of $ 321.8 Billion, a net income of $ 13.2 Billion and a market cap of $ 1.6 Trillion.
2. CHINA PETROLEUM & CHEMICAL (SNP) CHINA
China Petroleum Chemical (SNP) is a large producer and distributor of many varieties of petrochemical and its products. The produces fractions like gasoline, jet fuel, kerosene, diseal, motor sprints etc and petrochemicals like siynetic rubber, fertilizer, petroleum jelly etc. Also known as Sinopec, China Petroleum & Chemical is among the largest oil refining, gas, and petrochemical companies in the world.
Seating at the 2nd position global in 2020 with an estimate revenue of $ 355.8 Billion, a net income of $ 486.6 million and a market cap of $ 53.5 Billion.
1. WALMART INC (WMT) USA
Walmart inc was founded in 1962 it has grown overtime into one of the world’s largest retailers. The company operates discount stores, supercenters, neighborhood markets, as well as a robust online platform. Walmart sells a wide variety of merchandise including clothing and apparel, home goods, books, jewelry, food and beverage, pharmaceutical supplies, and automotive equipment.
As of 2020 Walmart inc has an estimated revenue of $ 542.0 Billion and a net income of $ 17.0 Billion with the market cap of $ 392.8 Billion, making Walmart inc the largest company on the planet.